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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
DRIVE
SUMMER 2016
PROGRAM
MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
IV
SUBJECT CODE & NAME
MI0040 – TECHNOLOGY MANAGEMENT
1 Describe the concept of technology management.
Explain the various stages of strategic technology management system (STMS).
Concept of technology management
Stages of strategic technology management system
Answer: Technology management can be defined as a process of planning, organising,
selecting, and
2 Define technological innovation.
Explain the different types of innovation on the basis of flexibility and in terms of
offerings.
Concept of technological innovation
Types of innovation on the basis of flexibility and in terms of offerings
Answer: According to the Department of Trade and Industry, UK, innovation refers to
“the successful exploitation of new ideas”. In simple words, innovation refers to the invention
and successful commercial exploitation of their invention. Technological innovation is one of
the ways of gaining
3 Briefly explain the guiding principles of technology management.
Guiding principles of technology management
Answer: Guiding Principles of Technology Management
 Value Creation: It should be the main intention of the new technology paradigm of
an organisation. Value creation creates demand for the products and services, which
in turn increases the profitability of

4 With a neat diagram, explain the various stages of technology life cycle.
Diagram

2. Various stages of technology life cycle
Answer: Various stages of technology life
5 a. Define technology transfer. Explain the steps involved in technology transfer
process.
b. Explain the major categories of technology transfer
Concept of technology transfer
Steps involved in technology transfer process
Major categories of technology transfer
Answer: According to the National Aeronautics and Space Administration (1965),
technology transfer is “the process of providing the technology developed for one
organisational
6 Explain the technological impacts on different aspects of society.
Technological impacts on society
Answer: Technological Impacts on Different Aspects of Society
Technology's Impact on Business
Business has been at the forefront of technology for ages. From the discovery of machines to
replace manual labour in industries to the discovery of the Internet, technology has affected
business procedures and
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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